As of today, July 5, 2025, Fox News is owned by Fox Corporation.
The Murdoch family holds considerable influence, with around 40% ownership.
Lachlan Murdoch is the Executive Chair and CEO.
Fox News was founded by Rupert Murdoch and Roger Ailes on October 7, 1996.
While Rupert Murdoch stepped down as chairman, he remains Chairman Emeritus of both Fox Corporation and News Corp.
Table of contents
Fox Corporation’s Structure
Fox Corporation has two classes of common stock:
- Class A Non-Voting Common Stock
- Class B Voting Common Stock
These different classes of stock affect governance and strategy within the company.
Influence and Reach
Fox News Channel is a multinational news and political commentary television channel and website based in New York City. It is known for its conservative perspective.
Ownership Stability
Unlike some other media companies that have undergone significant mergers and acquisitions, Fox News’ ownership structure has remained relatively stable.
Key Takeaways
- Fox News operates as part of Fox Corporation.
- The Murdoch family maintains significant influence through their ownership stake.
- Lachlan Murdoch is the current executive leader.